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How to File Your Annual Return

(continued)

Penalties and Interest

Payment Method. If you are required to

Out-of-State Pharmacies Selling in

make your tax payments electronically, a

Minnesota

Late Payment. A late payment penalty is

5 percent penalty will be assessed if you

If you’re an out-of-state pharmacy that sells

assessed on any tax not paid by March 15.

pay by another method, such as paper check

legend drugs at retail to consumers in Min-

The penalty is 5 percent of the unpaid tax

or money order.

nesota, including sales by mail order, enter

for every 30-day period (or part of a 30-day

the amount you paid to wholesale drug

Interest. You must pay interest on the

period) that your return payment is late, up

distributors for the legend drugs you sell to

unpaid tax and penalty from the regular due

to 15 percent.

consumers in Minnesota.

date until the total is paid. The interest rate

Late Filing. There is also a penalty for fil-

is determined each year.

Exemption for Sales to Veterinarians

ing your return after the due date. The late

The interest rate for 2017 is 4 percent.

Of your gross receipts, enter the amount

filing penalty is 5 percent of any unpaid tax.

you received from the wholesale sale of

Extended Delinquency. If the department

Paying the Balance Due

legend drugs to veterinarians.

sends a written demand to file a tax return

If you owe additional tax, you can use

and the return is not filed within 30 days, an

Tax

e-Services to pay at the same time you file

extended delinquency penalty of 5 percent

Our e-Services system will calculate your

your return. You’ll need your bank’s routing

of the unpaid tax or $100, whichever is

tax. The tax rate is 2 percent (0.02).

number and your account number.

greater, will be assessed. This penalty is

in addition to any late filing penalties that

If you pay electronically in e-Services,

Estimated Payments

may be assessed and applies to all unfiled

you’ll be able to view a record of your

Any estimated payments you made during

returns, even if you paid the correct amount

payments online once the payments are

the year will be applied to your return when

of tax on time, or do not have a tax liability.

processed.

you file. You will be asked to review the

payments in e-Services when filing your

If you choose to pay electronically another

return. If there are discrepancies between

way, see the additional payment options on

the payments shown in e-Services and your

page 3.

records, please contact us.

How to Amend Your Return

If you made an error on your return, you

Filing Instructions

You will receive a confirmation number if

must file an amended return to correct it.

your return is filed successfully. Print the

To amend a return online, go to our website

File your amended return electronically

confirmation page for your records.

at and log in to

online using our e-Services system.

e-Services. Choose your Wholesale Drug

If you need help or have questions about

Distributor Tax account and select the

To claim a refund, you must file your

amending a return, please contact us.

“View Return” link next to the period you

amended return within 3½ years of the reg-

want to amend. Then, select the “Change”

ular due date for the year you are amending.

link on the return screen and enter the

Keep all supporting documentation for any

corrected amounts that should have been

amended return you file. The documenta-

reported on your original return. You’ll also

tion must be made available to the depart-

need to enter the reason you are amending

ment upon request. All amended returns are

your return.

subject to audit.

Wholesale Drug Distributor Tax Instructions - Minnesota Department Of Revenue - 2017 Page 4

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